Van Cleef Asset Management Inc Cuts Stock Holdings in iShares Global Energy ETF $IXC

Van Cleef Asset Management Inc lessened its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 0.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 288,461 shares of the company’s stock after selling 2,346 shares during the quarter. iShares Global Energy ETF comprises approximately 1.2% of Van Cleef Asset Management Inc’s holdings, making the stock its 19th biggest holding. Van Cleef Asset Management Inc’s holdings in iShares Global Energy ETF were worth $11,334,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IXC. Jane Street Group LLC raised its position in shares of iShares Global Energy ETF by 16.3% in the 1st quarter. Jane Street Group LLC now owns 437,908 shares of the company’s stock worth $18,423,000 after buying an additional 61,294 shares during the period. Money Design Co. Ltd. grew its position in iShares Global Energy ETF by 18.9% during the second quarter. Money Design Co. Ltd. now owns 306,833 shares of the company’s stock valued at $12,055,000 after acquiring an additional 48,834 shares during the period. Verger Capital Management LLC increased its stake in iShares Global Energy ETF by 11.5% during the first quarter. Verger Capital Management LLC now owns 423,572 shares of the company’s stock worth $17,820,000 after acquiring an additional 43,837 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares Global Energy ETF by 15.5% in the 1st quarter. Royal Bank of Canada now owns 292,673 shares of the company’s stock worth $12,313,000 after purchasing an additional 39,306 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of iShares Global Energy ETF by 17.7% in the 1st quarter. Raymond James Financial Inc. now owns 259,494 shares of the company’s stock worth $10,917,000 after purchasing an additional 38,961 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC opened at $42.44 on Friday. iShares Global Energy ETF has a 1 year low of $33.89 and a 1 year high of $43.29. The stock has a market capitalization of $1.90 billion, a P/E ratio of 13.85 and a beta of 0.69. The stock has a 50-day simple moving average of $41.49 and a 200-day simple moving average of $40.14.

iShares Global Energy ETF Profile

iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy.